$SOL 1D update: Things are looking up SOL is still in the process of breaking out of the broader downtrend, even though the move hasn’t been clean or impulsive yet.
After spending months respecting the descending channel, price has now pushed out of the lower boundary and is holding above the $125 area, which was previously acting as key support inside the downtrend. That’s an important structural shift. Instead of making fresh lower lows, SOL is now forming higher lows and building above former demand.
The recent push toward the $135–140 area shows buyers are willing to step in earlier, rather than waiting for a full return to the lower channel. While price is still below major resistance near $160–180, the character has changed from trend continuation to basing and early breakout behavior.
This doesn’t mean SOL is in a confirmed uptrend yet. Breakouts from long downtrends are often messy, with overlap, pullbacks, and false starts. What matters is that downside follow-through has stalled and price is no longer accelerating lower.
As long as SOL continues to hold above the $125 level and avoids slipping back into the channel, the bias remains that this is an early trend transition rather than just another dead cat bounce. The next key test will be whether this breakout can hold on retests and eventually reclaim higher resistance, but structurally, SOL is still breaking out of the downtrend.
